This is the 3544th most frequent Arabic word.
وعقد
"وعقد" means "and he/it tied, convened, or contracted."
Here, "وعقد" means "was held" and is used in a formal context to describe the occurrence of a meeting or similar event.
وعقد الاجتماع في تمام الساعة الواحدة ظهراً.
The meeting was held at precisely one o'clock in the afternoon.
In this sentence, "يعقد" means "to conclude" or "formalize" and pertains to making an agreement.
قرر المدير أن يعقد اتفاقية جديدة مع الشركة.
The manager decided to conclude a new agreement with the company.
Here, "عقد" means "tied" and refers to physically binding something with a rope or similar.